Hyperliquid vs 
Wrapped Bitcoin
Hyperliquid (HYPE) has a market cap of $25.06B, 2.6× that of Wrapped Bitcoin (WBTC) at $9.56B, as of 2026-11-09 00:49 UTC.
At Hyperliquid's market cap, one WBTC would be worth $196,680.27 — 2.6× its current price of $75,007.15. This is arithmetic, not a forecast.
Over 24 hours HYPE is -3.37% and WBTC is -0.93%.
Over 30 days, WBTC lost 9.48% while HYPE lost 12.20%.
Annualised 90-day volatility: HYPE 61%, WBTC 41% — HYPE has been the more volatile asset.
Their daily returns are weakly correlated over 90 days (0.30).
Updated · Market data, not investment advice.
| Metric | Hyperliquid (HYPE) | Wrapped Bitcoin (WBTC) |
|---|---|---|
| Price | $75.04 | $75,007.15 |
| Market cap | $25.06B | $9.56B |
| Rank | #9 | #15 |
| 24h volume | $567.79M | $14.81M |
| 24h change | -3.37% | -0.93% |
| 7d change | -15.26% | -5.99% |
| 30d change | -12.20% | -9.48% |
| 90d change | — | +17.88% |
| Volatility (90d, annualised) | 61% | 41% |
| Circulating supply | 333.93M | 127.40K |
| Max supply | 1.00B | No cap |
| Fully diluted value | $75.04B | $9.56B |
| Correlation of daily returns (90d) | 0.30 | |
46-day performance, rebased to 100
Binance daily closes. Past performance doesn't predict future returns.
Frequently asked questions
What would WBTC be worth with HYPE's market cap?+
$196,680.27 per WBTC, based on Wrapped Bitcoin's current circulating supply. This is arithmetic, not a forecast.
Is Hyperliquid bigger than Wrapped Bitcoin?+
Yes. Hyperliquid's market cap is $25.06B versus $9.56B for Wrapped Bitcoin (2026-11-09 00:49 UTC).
Which performed better over the last 30 days, HYPE or WBTC?+
Wrapped Bitcoin: -9.48% vs Hyperliquid: -12.20% (Binance daily closes, 2026-11-09 00:49 UTC).
Do HYPE and WBTC move together?+
Their 90-day correlation of daily returns is 0.30 (1 = move in lockstep, 0 = unrelated) — weakly correlated.
Where does this data come from?+
Live prices and history from Binance spot markets; market cap and supply from CoinLore. Past performance doesn't predict future returns.